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Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will let Dr. Donovan answer that.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Is it in the statement?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will give you sufficient time to answer that and then I will go on to the next question.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: If members store up questions at the end, I will move on to the next question.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will need you to wrap up because I will bring Deputy O'Donnell back in at the end of this session.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Can we deal with Anglo Irish Bank very quickly and then Deputy O'Donnell's last question?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Dr. Donovan is significantly over time. I want to bring Deputy O'Donnell back in to wrap up. I call Senator Marc MacSharry.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: A last question, Senator.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: You are way over time.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Okay. I will bring Senator MacSharry back in to add to that briefly. I will have to bring this to an end shortly.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: To be clear, the Senator is asking for Dr. Donovan's opinion.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I am clarifying that to assist the Senator.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: The use of a term like "good deal" or "bad deal" implies a value judgment. The Senator is putting words into the mouth of the witness. We are looking for Dr. Donovan's own view of the deal. How does he see it?

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I call Deputy Michael McGrath.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I need accuracy.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: I will allow the witness to return to this in his concluding remarks because this will be a final issue in the discussion this afternoon. We will move on to Deputy Eoghan Murphy.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: There is a level of repetition. I am moving on. We are way over time. I call Senator Michael D'Arcy.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Dr. Donovan should be somewhat authoritative because when names get thrown into the room here, they enter a legal process. We need Dr. Donovan to be authoritative.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: If Dr. Donovan could deal with the institutions, such as the NTMA and the banks themselves, we can deal with the particular named personalities at a later time.

Committee of Inquiry into the Banking Crisis: Context Phase (18 Feb 2015)

Ciarán Lynch: Briefly, the Senator is on six minutes.

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